Learn about the Taxnexus Partner Program if you are a developer, distributor, marketplace operator, financial or legal service provider or software publisher

Latest Cannabis Tax News

It’s New Year’s Day, and Chelsea Cordoba is at the office. She and her husband, Kenneth, run Mountain High Recreation , a licensed cannabis delivery business in East Sacramento. They work 7-day weeks and 16-hour days, and have sunk most of what they have into the business they founded in 2017 — the stuff of startups[…]

Lawmakers want to cut California’s pot taxes to help lagging legal market Los Angeles Times Frustrated that California’s licensed marijuana industry is struggling against the black market, a group of state officials is pressing to slash taxes on legal pot. Source: Lawmakers want to cut California’s pot taxes to help lagging legal market

After years of efforts by drug-law reform advocates, could this be the year New Mexico legalizes marijuana? There’s little doubt the state is closer now than ever, with former Republican Gov. Susana Martinez — an unyielding opponent of marijuana for recreational use — out and new Democratic Gov. Source: Bill to legalize weed has hazy[…]

ONTARIO — One sign of changing times in the conservative border town of Ontario: An old Oregon State Police office and crime lab is about to become a marijuana dispensary, possibly the first pot shop to open in the city since voters lifted a ban on marijuana sales last November. Source: In Oregon border town,[…]

Daniel Axelrod Times Herald-Record @dan_axelrod Recreational marijuana legalization may make more headlines, but hemp could become one of New York’s biggest crops if state lawmakers facilitate the industry, leading hemp experts say. Source: Experts: State should facilitate hemp industry

Ultra Health, New Mexico’s largest medical cannabis producer, is suing the state of New Mexico’s Taxation and Revenue Department in an attempt to recover $1.5 million in sales taxes, which the company claims were collected illegally, according to the Santa Fe New Mexican . Source: Medical Cannabis Company Sues New Mexico Over Cannabis Sales Tax

Hall of Fame quarterback Joe Montana, looking to hit pay dirt in the legal marijuana industry, is part of a $75 million investment in a pot operator, it was announced Thursday. San Jose, California-based Caliva said it will use the investment to grow a company that includes a farm, a retail store, distribution center and[…]

Another week, another presidential hopeful has entered the race for the 2020 election. Earlier today, California Senator Kamala Harris announced her bid for the Democratic Party’s presidential nomination. Senator Harris says she is running to fight for the American people, especially those who have been overlooked or ignored by federal lawmakers who are easily swayed[…]